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Dec 6, 2012
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the economy is strong. it's going to get stronger. >> what evidence do you have these guys are not just going to go over the fiscal cliff? we heard tim geithner on this program yesterday when steve asked him, look f you don't get what you want, do we go over the fiscal cliff? he said absolutely. >> he said he would do it! >> what happens when we wake up january nd, we go over the cliff, and the world doesn't end? >> that is so irresponsible. >> you have to be a long-term investor. long-term stocks have outperformed bonds. >> with all do respect, george, are you one of those come play september investors larry is referring to? >> i'd say we're opposite of that. we never take anything for granted, but we bet accordingac. bonds are trouble. a lot of people are going to lose a lot of money in bonds. you have to be prepared for that. interest rates are going to go up. dividends are going to continue to increase. the economy in this country is strong. it's going to get stronger. >> even at 44% dividend tax? >> it
the economy is strong. it's going to get stronger. >> what evidence do you have these guys are not just going to go over the fiscal cliff? we heard tim geithner on this program yesterday when steve asked him, look f you don't get what you want, do we go over the fiscal cliff? he said absolutely. >> he said he would do it! >> what happens when we wake up january nd, we go over the cliff, and the world doesn't end? >> that is so irresponsible. >> you have to be a...
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Dec 5, 2012
12/12
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this is a deal that needs to happen for the economy to move forward. yeah, maybe an mna transaction giv gives growth to one company and makes profitability better. this is a lot more important than doing an mna transaction. this is about people's lives. frankly, people want answers. i think the time for hiding everything under a rock is sort of like it was yesterday. >> it's not so much hiding it under a rock. it's getting to basic principles. one way the mna process is better is that people agree to it and have a multifaceted communication program. it isn't another debate. it isn't a series of, you know, this is my point of view, and if you don't agree with me, you're wrong and how could you think that way. it's organized, and it's sold. i don't mean improperly. we got the sec. we have the rest of it. it's explained in organized fashion. when you just go out and continually -- this has been an extension of the debates. it hasn't moved the needle at all. hopefully, behind the scenes stuff is going on. although, both sides claim that's not happening. >>
this is a deal that needs to happen for the economy to move forward. yeah, maybe an mna transaction giv gives growth to one company and makes profitability better. this is a lot more important than doing an mna transaction. this is about people's lives. frankly, people want answers. i think the time for hiding everything under a rock is sort of like it was yesterday. >> it's not so much hiding it under a rock. it's getting to basic principles. one way the mna process is better is that...
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Nov 30, 2012
11/12
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all the guests like the economy. i'm not disputing good things, but gdp didn't have a lot of consumption. today, personal income and spending, the spending was down a couple tenths. next week we have two jobs reports. one could argue the combination might be barely above the 171 from just the bls last month. people can't spend without jobs. same old story in my opinion. >> yeah, but david kelly, what about that? i know you don't want to be a short-term trader and have these knee-jerk reactions. let's face it. if we go over the fiscal cliff and this market takes a hit, i mean, there's a lot of room for disappointment in this market. this market is trading as if a deal gets done by the end of the year. if we don't, we could see a sizable decline. you got to be ready for that. what do i want to do to protect myself? >> well, the problem is i don't trust anything that's coming out of either side if washington. you never lead with your best offer, your best and final offer. clearly, they're just playing this dance here. t
all the guests like the economy. i'm not disputing good things, but gdp didn't have a lot of consumption. today, personal income and spending, the spending was down a couple tenths. next week we have two jobs reports. one could argue the combination might be barely above the 171 from just the bls last month. people can't spend without jobs. same old story in my opinion. >> yeah, but david kelly, what about that? i know you don't want to be a short-term trader and have these knee-jerk...
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we are really looking at an economy that is weak. ooly thing keeping keeping consumer spending going is that households have been prepared to cut back on their savings rate to such a low level that i do not think there is more room or that in 2013. lori: there are bright spots on the economy. you have to point to housing. the auto sales numbers that came out today, pretty good. especially ford. holiday sales have been better than expected, as well. >> the housing is the big number. it has definitely turned the corner. it is coming at such a low base that it really is not doing much for gdp growth. we just got the gdp numbers last week. we had residential investment of 14% in real terms. very good. what does it add to gdp, three tenths of 1%. we are coming from such a lopez that it just does not do much for the overall growth rate. lori: is there anything that can be done that we will avoid a recession altogether? >> not just a small down payment with a big? halfway through next year. i think another thing that can be done is to do th
we are really looking at an economy that is weak. ooly thing keeping keeping consumer spending going is that households have been prepared to cut back on their savings rate to such a low level that i do not think there is more room or that in 2013. lori: there are bright spots on the economy. you have to point to housing. the auto sales numbers that came out today, pretty good. especially ford. holiday sales have been better than expected, as well. >> the housing is the big number. it has...
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the fiscal cliff potentially sending the economy into recession. the fear of the cliff. is that putting a veil over your eyes and pretending you seeing good news that could make better trades for your portfolio? you need to see the forest for the trees. to help do that, liz saunders in a fox business exclusive, charles schwab's vice president and chief investment strategist. what is the biggest mistake that the investor is making right now as it pertains to navigating that very rocky fiscal cliff landscape? >> they are trying to trade around perceived outcomes. that is fairly treacherous. we don't get a sense that a lot of investors are doing that -- [talking over each other] liz: there were buying in on the dips because they are trading around he headlines. >> there's a lot of tax related strategy happening right now, many of which make a lot of sense, but i have asked the question of loss, what would you put money on a particular outcome? i wouldn't. that is a dangerous strategy. >> one scenario could be as damaging as another. we can gain that at this point, what shou
the fiscal cliff potentially sending the economy into recession. the fear of the cliff. is that putting a veil over your eyes and pretending you seeing good news that could make better trades for your portfolio? you need to see the forest for the trees. to help do that, liz saunders in a fox business exclusive, charles schwab's vice president and chief investment strategist. what is the biggest mistake that the investor is making right now as it pertains to navigating that very rocky fiscal...
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Nov 29, 2012
11/12
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FBC
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if they resolve the fiscal cliff and the economy remains growing, although kind of sluggish -- here is another scenario, we have a loss of revenue from growth money. we are in a situation where we will prepare for the best, hope for the best, but anticipate a negative growth in the economy. liz: there is actually what we are calling the twinkie of fact. it is a negative bidder twinkie affect. there is a hostess plant where you live. how many jobs will that drop-off, as far as employment is concerned? >> a few hundred. clearly, any kind of negative constriction of the marketplace impacts us. even if it is a negative state. clearly, here at home, the good news for us is we are going at a 3.5% rate now economically. we are creating jobs. we have a healthy economy and a great quality of life which is attracting people and businesses to utah. we do not have control over what happens in washington, d.c. we are being very cautious as we go forward waiting to see resolution, out of washington, d.c. liz: i saw a quote of something you said. i thought it was perfect for washington. compromise sh
if they resolve the fiscal cliff and the economy remains growing, although kind of sluggish -- here is another scenario, we have a loss of revenue from growth money. we are in a situation where we will prepare for the best, hope for the best, but anticipate a negative growth in the economy. liz: there is actually what we are calling the twinkie of fact. it is a negative bidder twinkie affect. there is a hostess plant where you live. how many jobs will that drop-off, as far as employment is...
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if we get forced austerity on the economy and we go over what is called the cliff, we will not stay over that cliff very long. he will not worry about what happens to the debt ceiling. i think you have a mixture here. what is that almost looks good. less spending, more income. liz: gold, of course, which was down $25. ended down on the session. you also make the point over stocks overall. is this all apple and sort of the paul because of the samsung problems. >> even though apple is getting smashed today. when you consider how much apple is part of the s&p 500, it just speaks to the strength that we have. about 11:00 o'clock, we had that sharp turn up. i think a lot of that had to do with some of the noises we were hearing out of china. take a look at that etf. that is very strong. one other sector i want to put everybody on to is utilities. utilities are very strong today for a couple of reasons. they really lagged the s&p in november. some of the noises that are we are starting to hear out of the fiscal cliff discussions mailing the rates where they are. that will, of course help utili
if we get forced austerity on the economy and we go over what is called the cliff, we will not stay over that cliff very long. he will not worry about what happens to the debt ceiling. i think you have a mixture here. what is that almost looks good. less spending, more income. liz: gold, of course, which was down $25. ended down on the session. you also make the point over stocks overall. is this all apple and sort of the paul because of the samsung problems. >> even though apple is...
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in economics and if the economy is moving one way or another like china you might see copper moving lower but for the moment it needs to be that one area that sees a little strength. in terms of the broader market let's look at stocks would fall as a classes covered for you. it is a mixed bag. you can see microsoft straddling the flat wine. otherwise mcdonald's moving higher, banc of america, decent tech names like hewlett-packard flexing their muscles as well. hewlett-packard jumping 3%, $0.56, bottom fishing going on there, some of the story and until up nearly 2%, verizon and at&t are the weak links along with jpmorgan chase. traders at the stock exchange, cme group and nynex, gold traded as well, when gold dropped $26 overnight and continues through the day what was it like, floor? >> those guys were pretty busy today but $26 is not a huge move for $1,700 product. but clearly something is going on. liz: if it goes below $1,700 which is one of those levels gold bugs look at, that becomes a big deal. >> people have a love affair with round numbers. they get infected, $90 crude or $70 go
in economics and if the economy is moving one way or another like china you might see copper moving lower but for the moment it needs to be that one area that sees a little strength. in terms of the broader market let's look at stocks would fall as a classes covered for you. it is a mixed bag. you can see microsoft straddling the flat wine. otherwise mcdonald's moving higher, banc of america, decent tech names like hewlett-packard flexing their muscles as well. hewlett-packard jumping 3%,...